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points ABC Co. issued 14-year bonds a year ago at a coupon rate of 7.0%. The bonds make semiannual payments. If the YTM on these

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points ABC Co. issued 14-year bonds a year ago at a coupon rate of 7.0%. The bonds make semiannual payments. If the YTM on these bonds is 5.3%, what is the current bond price? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit sign in your response.) Save Answer 1 A Moving to another question will save this response. Question 19 of 52 >>

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